The U.S. faces the possibility of another recession — the third in 11 years — if President Obama and Congress cannot find a way to avoid the so-called fiscal cliff. The one-two combination of massive tax increases and spending cuts …
Sen. Richard Durbin says that “Social Security does not add one penny to our debt.” That’s false. It was wrong 21 months ago, when Durbin said it once before, and it’s even more off the mark now.
The federal government for the first time in its history had to borrow money in 2010 to cover Social Security benefits to retired and disabled workers — a trend that worsened in 2011 and will not change at any point in the future unless changes are made.
Q: Is Lockheed Martin going to lay off 123,000 workers because of President Obama’s downsizing of the military?
A: No. Lockheed gave a “very rough” estimate of 10,000 potential layoffs (not 123,000) due to automatic spending cuts triggered by a 2011 bipartisan deficit-reduction bill. Obama and Congress are negotiating to avoid the cuts.
Both sides in the presidential race are making one last push for votes with false and distorted claims on television, radio and even in text messages:
A liberal super PAC’s radio ad in Ohio twists Mitt Romney’s words by having him say six times: “I’m not concerned about the very poor.” He actually said: “I’m not concerned about the very poor; we have a safety net there. If it needs repair, I’ll fix it.”
A conservative super PAC falsely claims in a TV ad that President Obama’s health care law “creates an unaccountable new board that can cut Medicare benefits with no notice —
Mitt Romney falsely claimed in a recent speech that “Jeep, now owned by the Italians, is thinking of moving all production to China.” Chrysler says it is considering adding Jeep production sites in China to address rising demand in that market. But the company says it is “a leap that would be difficult even for professional circus acrobats” to suggest that it would close U.S. facilities and move all operations to China.
Despite Chrysler’s admonition,
The question won’t go away: Did President Obama and administration officials mislead the public when they initially claimed that the deadly Sept. 11 attack on the U.S. consulate in Benghazi began “spontaneously” in response to …
A false and vicious TV ad attacks Rep. Tammy Baldwin of Wisconsin for voting against “honoring the victims of 9/11.” The fact is, she voted to award three Congressional Gold Medals to honor the victims of the terrorist attacks in New York City, Virginia and Pennsylvania.
So what’s the ad talking about? It cites her 2006 vote against a ceremonial resolution on the fifth anniversary of Sept. 11 — which Baldwin opposed because she said the GOP-drafted resolution “politicized”